JM Bullion had a record year in 2020 by processing over $1.7 billion in customer transactions. It was the first time the company surpassed $1 billion in a single calendar year. As overall demand for gold and silver bullion exploded mainly due to the COVID-19 pandemic, JM Bullion was able to successfully meet the needs of hundreds of thousands of collectors and investors alike.

JM Bullion has once again earned a place among the leading web merchants in North America. The 2019 Internet Retailer rankings placed JM Bullion #96 within the Top 500 online businesses. When ranked within our 2019 Primary Merchandise Category (Specialty), JM Bullion earned an impressive ranking of #5 in the Top 500 list.

For the 4th consecutive year, JM Bullion was certified as a “Great Place to Work.” This certification is particularly special because it is not determined by outside monitors, but rather, it is based on feedback from our own employees. With 97% of employees ranking JM Bullion as a great place to work, we earned our highest rating to date. JM Bullion’s focus on building a sense of community within the office makes it more than just a job, it’s a Great Place to Work.

Product selection is a key attribute for any precious metals retailer. Over the years, JM Bullion has developed relationships with dozens of mints and bullion suppliers, allowing the company to expand product offerings and source unique items from around the globe. JM Bullion's focus on maintaining a wide and deep inventory paid off when, in July 2018, the JM website surpassed 2,000 unique products available for purchase, in stock and ready to ship.

Reviews are a vital service for online retailers. Customers use them to judge the quality of a brand, while companies use reviews to identify opportunities to improve customer service and product value. All signs pointed in the right direction for the company by December 2017, as JM Bullion exceeded 200,000 positive reviews of its services, product catalog, value, and shipping efficiency. Most JM Bullion ratings are submitted and cataloged by third-party aggregator ShopperApproved.

With growing demand for its services, JM Bullion continued to expand the number of employees on board. From customer service associates to IT and leadership, JM Bullion had grown to 50 employees in total. The growth reflected both the company's prominent position in the industry, and its desire to continue providing customers with the best possible service with each purchase.

Growth continued for JM Bullion after its move to Dallas. Inc. 500 released its annual list of private companies based upon their total increase in revenue during the last three years. Less than five years after its founding and just one year after its move to Dallas, JM Bullion was honored as the 40th fastest growing private company in the United States. Other companies that have made this prestigious list in the past included Zappos, Microsoft, and Oracle.

With sales growing, the customer base expanding, and more employees coming on board at JM Bullion, the company gained its first significant outside recognition. As a new member of the Dallas marketplace, JM Bullion's success was honored by the city as the company enjoyed the ranking of #1 on the Dallas 100.

Some three months shy of its third anniversary, JM Bullion's founders made an important choice to help the company sustain its growth. The company was moved from Lancaster, PA to Dallas, TX. The move was made to put the company in a marketplace with a wider talent pool to help sustain its growth in the future, giving it access to top talent. Lancaster had a population of 60,000 people compared to the population of 7.1 million in the Dallas-Ft. Worth Metroplex.

With its first $100,000 sales day in the rearview mirror and its one-year anniversary coming up around the bend, Michael and Jonathan made a decision for the future of the company. JM Bullion hired its first employee! The first employee joined the company and was assigned the first task that didn't exactly fall in the realm of precious metals: he had to assemble his own desk!

As the cool breezes of fall set in, company founders Michael Wittmeyer and Jonathan Wanchalk opened the doors on a new company named JM Bullion. The company was initially located in Lancaster, PA, and would be for its first two-plus years in business. An online precious metals dealer, JM Bullion entered the marketplace at a point in time where gold was holding a weekly average of $1,755.52 per Troy ounce and silver was holding a weekly average of $37.24 per Troy ounce.